Life has become more difficult for arbitrageurs - and other market participants should care
Indexes may be less effective hedges in absence of arbitrageurs
This three-part series looks at the various factors that firms across the ecosystem of global FX markets - from the buy-side, the sell-side, and the supporting community of technology vendors and service providers - should consider in order to, not just survive, but to thrive in this dynamic and ever-changing environment.
More Volcker rule articles
Dodd-Frank rule seen having muted impact on market-making by banks
Industry calls for more clarity on hedging exemption
Parallel fund structures given the go-ahead by the US
A bad-tempered congressional committee hearing sees US regulators quizzed over Volcker rule costs
Banks turn to lawyers for advice as CVA functions face tougher conditions than other trading desks
End-users will hedge more with firms such as BP, Shell and Vitol as banks face ban on prop trading, say market participants
Two years on from its first draft, the Volcker rule is close to being finalised, but some regulators are still trying to close what they see as loopholes – and dealers see as vital freedoms
A staff report from the New York Federal Reserve argues the evidence points to hedge funds rather than dealers precipitating the post-Lehman liquidity crisis, with implications for rules on prop tra...
Division of financial supervision among US agencies is impeding Dodd-Frank reforms, says ex-Fed chairman
Commodity businesses must have broad client base to absorb increased regulatory costs, says JP Morgan commodities head
HR 992 passes by 53 votes to six, despite protests by leading Democratic member on House Financial Services Committee
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.